Kotak Mahindra Bank offers personal loan to Salaried employees only, where a borrower can avail from minimum Rs. 50,000 to maximum Rs. 15 Lacs with an annual interest rate ranging from 10.99% to 24% per annum. The tenure being offered by Kotak is standard period offered by most of the banks, upto 60 months. Kotak Mahindra allows to prepay your personal loan through foreclosure method anytime after the full repayment of first 12 EMIs. However, the foreclosure fee being charged …
Tag: kotak mahindra
Kotak Mahindra Bank can be a good fit for you as this bank provides you home loan of minimum Rs 5 lacs to maximum of Rs 20 crores within 4 working hours after loan approval at the annual interest rate of 8.70% per annum. Kotak Mahindra bank offers you tenure to repay the loan amount from 5 years to 20 years. The prepayment charges in Kotak Mahindra Bank are zero to 4% of the balance amount and no pre payment …